Matrix Raises $300M For Third Indian Venture-capital Fund
Matrix Partners has raised $300 million for a third Indian venture-capital fund, according to a filing with the SEC. The fund attracted 43 LPs. The filing is available here.
Uber And Lyft Have Won A Key Battleground In The Electric Scooter Wars
In an effort to curb the onslaught of electric scooters, Santa Monica, California, is moving to limit the number of companies that can operate dockless vehicles there. An internal memo reveals that a City Council committee endorsed Lyft and Uber for permits -- handing a crushing defeat for dedicated scooter operators Bird and Lime. Santa Monica was the ground zero for electric scooters, because $2 billion startup Bird rolled out the first scooter-share program nationwide in the coastal city last fall.
Foundation Capital Targets $350M For Ninth Fund
Foundation Capital is seeking to raise $350 million for its ninth fund, according to an SEC filing. The Silicon Valley-based venture firm invests in the finance and financial services sectors.
Appdynamics Founder Jyoti Bansal And Longtime Vc John Vrionis Are Now Taking Applications For Their New Accelerator Program - Techcrunch
With so much money being stuffed into Silicon Valley companies these days, it's hard to stand out as an investor, but John Vrionis and Jyoti Bansal have what they think is a winning approach -- one that's a win for startup founders, too. A little background first. Back in May, Bansal, who sold his company [...]
Auditboard Announces $40M Series B Investment Led By Battery Ventures
LOS ANGELES--(BUSINESS WIRE)--#audit--AuditBoard, a leading cloud-software platform for automating and transforming the way enterprises handle critical risk, audit and compliance work, announced a $40 million Series B investment led by global investment firm Battery Ventures. As part of the transaction, Battery General Partner Michael Brown will join AuditBoard's board of directors. AuditBoard, which was founded in 2014 by former PwC and EY auditors Daniel Kim and Jay Lee, will use the financing to sup.
Even Financial Drives Discovery For Financial Products And Just Raised Another $18.8M
AlleyWatch covered this fintech startup just back in March when it completed a successful strategic investment round, but Even Financial is at it again. This time it raised $18.8M in a successful...
Investing In Transformative Technology
Q&A with Manuel Anguita (pictured), co-founder of top-performing blockchain- and crypto-focused hedge fund Silver 8...: Q&A with Manuel Anguita (pictured), co-founder of top-performing blockchain- and crypto-focused hedge fund Silver 8... Much of the credit must go to my business partner and Silver 8's other co-founder, Jose Suarez, who is responsible for the vision. Jose has been a serial entrepreneur and tech investor for the best part of 25 years, experiencing first-hand the development of the internet. I have a very different background as I'm a financial markets professional, mainly in the hedge fund arena.
Glassdoor Ceo Robert Hohman Explains Why Reviews With Sexual Harassment Allegations Don't Get Removed
Hohman says those allegations matter a whole lot for job-seekers who could be harassed. On this episode of Recode Decode, hosted by Kara Swisher, Glassdoor CEO Robert Hohman talks with Kara about how the company has evolved since its early days, when Hohman wanted to merge employer transparency with the gaming sensibilities of World of Warcraft. He discusses why the company has so many rules and regulations for moderating reviews, including what happens when an employee alleges that a manager has sexually harassed them.
Y Combinator Goes To China, Led By Former Baidu Exec Qi Lu
It'll be led there by a former Baudi exec. : Former Baidu Inc. executive Qi Lu has been named head of Y Combinator China, marking the American startup incubator's first full-fledged international effort. Y Combinator, which has seeded companies including Airbnb Inc., Stripe Inc., Reddit and Dropbox Inc., will start its program in China as soon as next summer. In the U.S., the accelerator selects two batches of companies a year for financing, advice and connections in exchange for a small percentage of equity.
Backbone Plm Raises $8M In Series A Funding
BOULDER, Colo.--(BUSINESS WIRE)--Backbone PLM, the first cloud-based platform that enables brands to streamline the product development process, announced an 8M Series A round.